SADAFCO releases first sustainability report reporting its progress in 2021

SADAFCO releases first sustainability report reporting its progress in 2021

Jeddah, Saudi Arabia: SADFCO announces releasing its first sustainability report disclosing the company’s sustainability performance for the period starting 1st April 2021 and ending 31st March 2022. Developed in accordance with Global Reporting Initiative (GRI) standards and gave due consideration to the guidelines issued by the Tadawul stock exchange. The company’s 2021 sustainability report highlights SADAFCO’s commitment to its people, the communities it operates within, the environment, and its shareholders.

The report outlines the significant steps the company has taken to formalize its ESG efforts and put in place a vision for sustainability. The company also reported implementing a sustainability governance structure to improve transparency and accountability. The governance structure ensures cascading of the sustainability vision into strategic goals and initiatives to be executed.

In a statement expressing pride at the release of this report, Patrick Stillhart, CEO of SADAFCO said "At SADAFCO, long-term growth, value creation for all stakeholders, and care for the environment go hand in hand. Creating value for all stakeholders while delighting consumers is the essence of our business and is encapsulated in our corporate mission. Sustainability is therefore fundamental to how SADAFCO continues to evolve. With this report we outline our vision, ambitions, and strategy towards sustainability.”

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